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Unemployment and Primary Commodity Prices

Theory and Evidence in a Global Perspective

Annalisa Cristini author

Format:Paperback

Publisher:Palgrave Macmillan

Published:1st Jan '99

Currently unavailable, and unfortunately no date known when it will be back

Unemployment and Primary Commodity Prices cover

The book discusses the links between primary commodity prices and the OECD rate of unemployment. In particular it formalises and estimates a macroeconomic model which by endogenizing both the OECD rate of unemployment and primary commodity prices, is capable of accounting for the feedback running from the primary market back to the OECD economy. Simulations are also performed to provide insights into the propagation mechanism of an oil price shock and the role played by the various factors to determine the final effect.

ISBN: 9781349149742

Dimensions: unknown

Weight: 266g

182 pages

1st ed. 1999